Search for: "Federal Home Loan Mortgage Corporation"
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9 Oct 2007, 8:57 am
Fremont has already faced scrutiny from the Federal Deposit Insurance Corporation ("FDIC") over these practices. [read post]
3 Jun 2015, 8:18 am
Between January 2006 and October 2008, First Tennessee, through its subsidiary First Horizon Home Loans Corporation (“First Horizon”), participated in the FHA insurance program as a Direct Endorsement Lender (DEL). [read post]
15 Feb 2012, 8:12 am
The bank, through Countrywide, was accused of making and granting Federal Housing Administration insured loans to unqualified home buyers. [read post]
10 Jul 2012, 2:16 pm
William McDavid will take on his new role with the Federal Home Loan Mortgage Corporation starting on July 16. [read post]
9 Feb 2012, 8:00 pm
The $25 billion settlement reached announced today between the federal government and state attorneys general with the five largest mortgage service companies (Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc. and Ally Financial Inc. [read post]
25 Jan 2010, 1:37 pm
We have recently learned of a relatively new Federal law which gives some protection to tenants who reside in homes owned by folks who don't pay the mortgage resulting in foreclosure UNTIL December 31, 2012. [read post]
28 Jul 2013, 6:56 am
Under the Dodd-Frank Act, mortgage loans are considered to be higher-priced if they are secured by a consumer’s home and have interest rates above a certain threshold. [read post]
8 Mar 2011, 6:20 am
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
12 Mar 2011, 7:39 am
”In 2010, the Arkansas Supreme Court ruled that MERS (Mortgage Electronic Registration Systems) Corporation was prohibited from filing foreclosures in that state.A federal bankruptcy judge in Long Island ruled just last week that MERS could not act as the “agent” of the mortgage note owner. [read post]
14 Dec 2019, 10:48 am
The FDIC alleged that HomeStreet Bank’s now discontinued Home Loan Center-based mortgage banking business line violated Real Estate Settlement Procedures Act, 12 U.S.C. [read post]
19 Sep 2020, 8:02 am
While the CARES Act made forbearance on federally backed mortgages available for the asking. [read post]
15 Jun 2012, 8:00 am
For more information see the website Your Home and the publication Forensic Mortgage Loan Audit Scams: A New Twist on Foreclosure Rescue Fraud . [read post]
22 Apr 2020, 10:00 pm
What does a “Federally backed mortgage loan” or a “Federally backed multifamily loan” mean? [read post]
30 Aug 2011, 7:20 pm
Venedie Roberto Valencia, a former Bank of America employee, is now sentenced to 15 months in federal prison for a mortgage scam he was involved in that used stolen identities to buy homes in Southern California that weren’t being sold. [read post]
13 Jan 2009, 2:05 pm
Mortgages generally contain "Due on Sale" clauses, which say that the lender can call the mortgage due upon transfer of property. [read post]
1 Apr 2014, 7:45 am
The conspirators used fraudulent documents to help borrowers qualify for mortgage loans to purchase condominium units in the Commerce Towers, Main Street, Houston, as well as residential homes in the Houston area. [read post]
2 Oct 2008, 2:56 pm
" A final abstract:The U.S. mortgage loan foreclosure crisis has been called the worst financial crisis since the great depression. [read post]
6 Aug 2018, 6:00 am
(Note though that FHA calls its current loan modification program FHA-HAMP.)Options for Fannie Mae and Freddie Mac LoansFannie Mae and Freddie Mac are large government-chartered corporations that own or guarantee over one-half of the home mortgages in the country. [read post]
11 Feb 2014, 7:18 am
Federal Home Loans Corporation, Chanda was a money lender and Federal was a private mortgage broker. [read post]
23 Jun 2023, 8:54 am
Stricter Rules Could be Coming for Banks with Over $100B in Assets The heads of the Federal Deposit Insurance Corporation and the Federal Reserve said last week that bank regulators are considering applying a set of tougher capital rules to banks that have over $100 billion in assets. [read post]
